NYSE:AMCR Amcor (AMCR) Stock Price, News & Analysis $9.60 -0.17 (-1.74%) (As of 07/1/2024 ET) Add Compare Share Share Today's Range$9.58▼$9.8450-Day Range$8.94▼$10.4452-Week Range$8.45▼$10.51Volume7.05 million shsAverage Volume8.56 million shsMarket Capitalization$13.88 billionP/E Ratio21.34Dividend Yield5.21%Price Target$9.93 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Amcor MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside3.4% Upside$9.93 Price TargetShort InterestHealthy1.20% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.86Upright™ Environmental ScoreNews Sentiment1.11Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth5.71%From $0.70 to $0.74 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.72 out of 5 starsIndustrial Products Sector113th out of 170 stocksMiscellaneous Manufacturing Industries Industry6th out of 8 stocks 1.0 Analyst's Opinion Consensus RatingAmcor has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 2 hold ratings, and 1 sell rating.Amount of Analyst CoverageAmcor has only been the subject of 2 research reports in the past 90 days.Read more about Amcor's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.20% of the float of Amcor has been sold short.Short Interest Ratio / Days to CoverAmcor has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Amcor has recently decreased by 15.35%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipAmcor is a leading dividend payer. It pays a dividend yield of 5.10%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAmcor does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Amcor is 111.11%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Amcor will have a dividend payout ratio of 67.57% next year. This indicates that Amcor will be able to sustain or increase its dividend.Read more about Amcor's dividend. Previous Next 0.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAmcor has received a -66.67% net impact score from Upright. The largest negative impact of Amcor in category "GHG emissions" seems to be driven mostly by its "Packaging labels", "Plastic cosmetics packages", and "Plastic food packages" products. See details.Environmental SustainabilityThe Environmental Impact score for Amcor is -3.86. Previous Next 2.8 News and Social Media Coverage News SentimentAmcor has a news sentiment score of 1.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.77 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Amcor this week, compared to 4 articles on an average week.Search InterestOnly 10 people have searched for AMCR on MarketBeat in the last 30 days. This is a decrease of -58% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Amcor to their MarketBeat watchlist in the last 30 days. This is a decrease of -56% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Amcor insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.69% of the stock of Amcor is held by insiders.Percentage Held by Institutions45.14% of the stock of Amcor is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Amcor's insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Amcor are expected to grow by 5.71% in the coming year, from $0.70 to $0.74 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Amcor is 21.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.22.Price to Earnings Ratio vs. SectorThe P/E ratio of Amcor is 21.34, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.00.Price to Earnings Growth RatioAmcor has a PEG Ratio of 5.33. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAmcor has a P/B Ratio of 3.46. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Amcor's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Banyan Hill PublishingBiden Debate DisasterBiden was a disaster in the debate. Trump looked 100% more presidential. Biden’s campaign is DONE… But there’s more to this story than meets the eye.Go here now to see why Trump won the debate, but will lose the election. About Amcor Stock (NYSE:AMCR)Amcor plc develops, produces, and sells packaging products in Europe, North America, Latin America, Africa, and the Asia Pacific regions. The company operates through two segments, Flexibles and Rigid Packaging. The Flexibles segment provides flexible and film packaging products in the food and beverage, medical and pharmaceutical, fresh produce, snack food, personal care, and other industries. The Rigid Packaging segment offers rigid containers for various beverage and food products, including carbonated soft drinks, water, juices, sports drinks, milk-based beverages, spirits and beer, sauces, dressings, spreads, and personal care items; and plastic caps for various applications. The company sells its products through its direct sales force. Amcor plc was incorporated in 2018 and is headquartered in Zurich, Switzerland.Read More AMCR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AMCR Stock News HeadlinesJune 29 at 6:08 AM | americanbankingnews.comAmcor (NYSE:AMCR) Receives New Coverage from Analysts at Wells Fargo & CompanyJune 28 at 7:11 AM | 247wallst.com5 Dividend Aristocrats to Buy and Hold Forever for Dependable Passive IncomeJuly 1, 2024 | Paradigm Press (Ad)Did Joe Biden just reveal his replacement?The Democrats are scheming to remove Biden as their presidential nominee… And absolute chaos will ensue.June 26, 2024 | investorplace.comThe 3 Highest-Yielding Dividend Aristocrats to Buy This SummerJune 20, 2024 | 247wallst.com5 Smartest Dividend Stocks to Buy With $1000 Right NowMay 30, 2024 | prnewswire.comAmcor's new European Innovation Center brings brands the latest in material science and packaging designMay 9, 2024 | finance.yahoo.comQ2 2024 EMCORE Corp Earnings CallMay 9, 2024 | 247wallst.com4 Strong Buy Dividend Aristocrats Wall Street Loves Are Trading Just Above 52-Week LowsJuly 1, 2024 | Paradigm Press (Ad)Did Joe Biden just reveal his replacement?The Democrats are scheming to remove Biden as their presidential nominee… And absolute chaos will ensue.May 7, 2024 | businesswire.comBottles of the Year Program from Amcor Showcases the Best New Designs in Responsible PackagingMay 6, 2024 | 247wallst.comWith 3M Out, Here Are the New Highest-Yielding Dividend AristocratsMay 3, 2024 | finance.yahoo.comAmcor Third Quarter 2024 Earnings: Misses ExpectationsMay 1, 2024 | markets.businessinsider.comAnalysts Offer Insights on Consumer Cyclical Companies: Amcor (AMCR) and Starbucks (SBUX)April 30, 2024 | markets.businessinsider.comAMCR Stock Earnings: Amcor Beats EPS, Misses Revenue for Q3 2024April 30, 2024 | finance.yahoo.comAmcor: Fiscal Q3 Earnings SnapshotApril 30, 2024 | investorplace.com7 Dividend Aristocrats Paying Sky-High Yields: April 2024April 30, 2024 | prnewswire.comAmcor reports third quarter result and raises fiscal 2024 Adjusted EPS guidanceMarch 28, 2024 | 247wallst.com6 Highest Yielding Dividend Aristocrats Are Huge April BargainsMarch 19, 2024 | finance.yahoo.comAmcor announces CEO transition and reaffirms fiscal 2024 outlookMarch 19, 2024 | prnewswire.comAmcor announces CEO transition and reaffirms fiscal 2024 outlookMarch 5, 2024 | finance.yahoo.comIs Amcor plc's (NYSE:AMCR) 16% ROE Better Than Average?March 1, 2024 | morningstar.comAmcor PLC Ordinary Shares AMCRFebruary 23, 2024 | seekingalpha.comAmcor plc: Diverse With Competitive Advantages And Solid Upside PotentialFebruary 22, 2024 | 247wallst.comThe 5 Highest Yielding Dividend Aristocrats Are Strong Value Buys NowFebruary 20, 2024 | investorplace.comThe 3-Highest Yielding Dividend Aristocrats for February 2024February 12, 2024 | markets.businessinsider.comAnalysts Offer Insights on Consumer Cyclical Companies: Amcor (AMCR), Madison Square Garden Entertainment Corp. (MSGE) and Holley (HLLY)February 11, 2024 | finance.yahoo.comAmcor (NYSE:AMCR) Will Pay A Dividend Of $0.125See More Headlines Company Calendar Last Earnings4/30/2024Ex-Dividend for 6/11 Dividend5/21/2024Dividend Payable6/11/2024Today7/01/2024Next Earnings (Estimated)8/21/2024Fiscal Year End6/30/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorIndustrial Products Industry Miscellaneous manufacturing industries Sub-IndustryN/A Current SymbolNYSE:AMCR CUSIPN/A CIK1748790 Webwww.amcor.com Phone441179753200Fax920-527-7600Employees41,000Year Founded1864Price Target and Rating Average Stock Price Target$9.93 High Stock Price Target$10.00 Low Stock Price Target$9.80 Potential Upside/Downside+3.4%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.45 Trailing P/E Ratio21.34 Forward P/E Ratio13.72 P/E Growth5.33Net Income$1.05 billion Net Margins4.75% Pretax Margin6.10% Return on Equity24.66% Return on Assets5.92% Debt Debt-to-Equity Ratio1.76 Current Ratio1.29 Quick Ratio0.75 Sales & Book Value Annual Sales$13.78 billion Price / Sales1.01 Cash Flow$1.12 per share Price / Cash Flow8.57 Book Value$2.78 per share Price / Book3.46Miscellaneous Outstanding Shares1,445,343,000Free Float1,435,370,000Market Cap$13.88 billion OptionableOptionable Beta0.85 Social Links Key ExecutivesMr. Michael John Casamento BBus (Acct) (Age 53)CPA, GradCert Mktg, MBA, Executive VP of Finance & CFO Comp: $1.68MMr. Ronald Stephen Delia B.Sc. (Age 52)MBA, Advisor Comp: $2.73MMr. Michael J. Zacka (Age 56)President of Amcor Flexibles Europe, Middle East & Africa Comp: $2.16MMr. Eric V. Roegner (Age 54)President of Rigid Packaging Comp: $1.3MMr. L. Frederick Stephan (Age 59)President of Flexibles North America Comp: $1.5MMr. Peter Konieczny Dip Eng (Age 58)MBA, MSc Mech Eng, Interim CEO & Chief Commercial Officer Comp: $3.65MMr. Jerry S. Krempa (Age 63)VP & Chief Accounting Officer Ms. Tracey WhiteheadHead of Investor RelationsErnesto DuranHead of Global CommunicationsMs. Laurel SpencerSenior Vice President of Global Sales and MarketingMore ExecutivesKey CompetitorsBradyNYSE:BRCHillenbrandNYSE:HIArray TechnologiesNASDAQ:ARRYDaktronicsNASDAQ:DAKTOil-Dri Co. of AmericaNYSE:ODCView All CompetitorsInsiders & InstitutionsAbich Financial Wealth Management LLCBought 3,116 shares on 6/21/2024Ownership: 0.001%EverSource Wealth Advisors LLCBought 2,519 shares on 6/11/2024Ownership: 0.000%Teachers Retirement System of The State of KentuckySold 7,789 shares on 5/28/2024Ownership: 0.008%Cetera Investment AdvisersBought 148,482 shares on 5/24/2024Ownership: 0.029%Cetera Advisors LLCBought 112,732 shares on 5/24/2024Ownership: 0.009%View All Insider TransactionsView All Institutional Transactions AMCR Stock Analysis - Frequently Asked Questions Should I buy or sell Amcor stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Amcor in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AMCR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AMCR, but not buy additional shares or sell existing shares. View AMCR analyst ratings or view top-rated stocks. What is Amcor's stock price target for 2024? 4 analysts have issued 1-year price objectives for Amcor's shares. Their AMCR share price targets range from $9.80 to $10.00. On average, they anticipate the company's share price to reach $9.93 in the next twelve months. This suggests a possible upside of 3.4% from the stock's current price. View analysts price targets for AMCR or view top-rated stocks among Wall Street analysts. How have AMCR shares performed in 2024? Amcor's stock was trading at $9.64 at the start of the year. Since then, AMCR shares have decreased by 0.4% and is now trading at $9.6050. View the best growth stocks for 2024 here. Are investors shorting Amcor? Amcor saw a decline in short interest in the month of May. As of May 31st, there was short interest totaling 20,460,000 shares, a decline of 21.7% from the May 15th total of 26,140,000 shares. Based on an average trading volume of 8,300,000 shares, the short-interest ratio is presently 2.5 days. Currently, 1.4% of the company's stock are short sold. View Amcor's Short Interest. When is Amcor's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 21st 2024. View our AMCR earnings forecast. How were Amcor's earnings last quarter? Amcor plc (NYSE:AMCR) posted its earnings results on Tuesday, April, 30th. The company reported $0.18 earnings per share for the quarter, beating analysts' consensus estimates of $0.17 by $0.01. The firm had revenue of $3.41 billion for the quarter, compared to analyst estimates of $3.49 billion. Amcor had a net margin of 4.75% and a trailing twelve-month return on equity of 24.66%. The business's quarterly revenue was down 7.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.18 earnings per share. Read the conference call transcript. How often does Amcor pay dividends? What is the dividend yield for Amcor? Amcor declared a quarterly dividend on Tuesday, April 30th. Shareholders of record on Wednesday, May 22nd will be given a dividend of $0.125 per share on Tuesday, June 11th. This represents a $0.50 annualized dividend and a dividend yield of 5.21%. The ex-dividend date is Tuesday, May 21st. Read our dividend analysis for AMCR. Is Amcor a good dividend stock? Amcor (NYSE:AMCR) pays an annual dividend of $0.50 per share and currently has a dividend yield of 5.10%. AMCR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 111.11%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, AMCR will have a dividend payout ratio of 67.57% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for AMCR. What ETFs hold Amcor's stock? ETFs with the largest weight of Amcor (NYSE:AMCR) stock in their portfolio include Invesco MSCI Global Timber ETF (CUT), Invesco S&P 500 Equal Weight Materials ETF (RSPM), Invesco S&P 500 Equal Weight Materials ETF (RTM), WisdomTree U.S. AI Enhanced Value Fund (AIVL), Invesco S&P Ultra Dividend Revenue ETF (RDIV), Invesco S&P 500 High Dividend Low Volatility ETF (SPHD), ALPS Sector Dividend Dogs ETF (SDOG) and Invesco Bloomberg Analyst Rating Improvers ETF (RYJ). What guidance has Amcor issued on next quarter's earnings? Amcor updated its FY24 earnings guidance on Tuesday, April, 30th. The company provided EPS guidance of $0.685-0.71 for the period, compared to the consensus earnings per share estimate of $0.68. What other stocks do shareholders of Amcor own? Based on aggregate information from My MarketBeat watchlists, some companies that other Amcor investors own include AbbVie (ABBV), AT&T (T), Pfizer (PFE), Johnson & Johnson (JNJ), Verizon Communications (VZ), Realty Income (O), Cisco Systems (CSCO), Medtronic (MDT), NVIDIA (NVDA) and Procter & Gamble (PG). How do I buy shares of Amcor? Shares of AMCR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does Amcor have any subsidiaries? The following companies are subsidiares of Amcor: AFP (Europe), Alusa, Amcor European Holdings Pty. Ltd., Amcor European Investments Holding Limited, Amcor Flexibles Inc, Amcor France SAS, Amcor Group GmbH, Amcor Holdco 3, Amcor Holding, Amcor Holding No 1. Ltd, Amcor Investments Pty. Ltd., Amcor Limited, Amcor Packaging (U.S.A) Inc., Amcor Rigid Packaging USA LLC, Amcor UK Finance PLC, BPI China, Bemis Company, Bemis Wisconsin LLC, Containers Packaging (Europe), Deluxe Packages, Hebei Qite Packing, Murugappa Group, Nampak Flexible, Packaging India Pvt. Ltd., Plastic Moulders Ltd, Sonoco -Plastics Blow Molding, and Zhongshan Tiancai Packing Co..Read More This page (NYSE:AMCR) was last updated on 7/1/2024 by MarketBeat.com Staff From Our Partners1k a day while computer does all work?What I discovered is now helping me take in more than 1k a day. It's like a "magic key" to passive income ...Digital Mavericks Media | SponsoredBiden Debate DisasterBiden was a disaster in the debate. Trump looked 100% more presidential. 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